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Apr 23, 2013
04/13
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we want to save the environment. everybody wants to save the environment. up to 20% of your energy bills at the same time. here's the opportunity. try the world's first learning thermostat. for those who don't know about nest this is one of the very cool products out there. you say you're about to buy one. >> yeah. i like the fact that it learns. it knows what your tendencies are. it's 70 degrees. it goes to 63 at night. you don't have to mess with it. it's less work. >> you're teaming up with energy companies. >> what is learning thermostat? what we do is we watch your patterns. you just turn it up at night, turn it down to when you go to work and what have you. through those patterns, after three or four days, we have learned your schedule. and we program it. so you don't have to program the thermostat yourself. only 11% of the quarter billion thermostats are actually programmed to save any energy because they're too difficult to use. so we just learned based on the adjustments. >> it learns by the temperature you put in. it might have a sensors and knows
we want to save the environment. everybody wants to save the environment. up to 20% of your energy bills at the same time. here's the opportunity. try the world's first learning thermostat. for those who don't know about nest this is one of the very cool products out there. you say you're about to buy one. >> yeah. i like the fact that it learns. it knows what your tendencies are. it's 70 degrees. it goes to 63 at night. you don't have to mess with it. it's less work. >> you're...
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Apr 24, 2013
04/13
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when you are in that slow environment, revenues will be slow. this is why i pull my hair at people and say the revenue is at 2%. in a slow environment, i don't see change in the growth pat fern, you will have slow revenues. look, it's happening again this quarter. you are up 7% actual. that is a surprise. i know some misses and so forth, but whenever i see people, it's almost like sour grapes. give the company some credit for working some magic on the revenues they have. don't penalize them for the fact the world economy and the u.s. economy is not good go take away the qe. take away the fact there are no other good alternatives. >> i'll take away the qe. it's not a coincidence profits have gone up almost the same amount precisely as stocks. qe is there. extra low interest rates are there. qes in my humble opinion hasn't worked t. money supply hasn't created the growth. >> it's worked for the market. it hasn't worked for the economy, it's worked for the market. >> one reason the interest rate is low because the economy is lousy. i want to give t
when you are in that slow environment, revenues will be slow. this is why i pull my hair at people and say the revenue is at 2%. in a slow environment, i don't see change in the growth pat fern, you will have slow revenues. look, it's happening again this quarter. you are up 7% actual. that is a surprise. i know some misses and so forth, but whenever i see people, it's almost like sour grapes. give the company some credit for working some magic on the revenues they have. don't penalize them for...
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Apr 18, 2013
04/13
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CNBC
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and this is happening in an environment where more new devices from apple will come out, more new devices from samsung will come out. still very tough for nokia. >> it does sound like it's very tough. so why do you say in your note, mark, it's been moving in the right direction. what is the right direction for them and is the right direction for the stock going to be up? >> i think the right direction for them is to accelerate the product development. i think one of the things that have worked for them in the past is their feature phone, their low-end devices that helped cushion the things as they deve that's actually started to erode for them. in terms of the stock, this is a company that is still in a negative revision period for their earnings. once again, we cut our target on nokia, once again, we're cutting our numbers on the estimates. but i think the view is, overall, the industry, if you look at the handset industry, the profits pool, we think, is actually starting to decrease. >> mark, that's not optimistic, but are we looking at nokia wrong? the smartphones, what we see as consu
and this is happening in an environment where more new devices from apple will come out, more new devices from samsung will come out. still very tough for nokia. >> it does sound like it's very tough. so why do you say in your note, mark, it's been moving in the right direction. what is the right direction for them and is the right direction for the stock going to be up? >> i think the right direction for them is to accelerate the product development. i think one of the things that...
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Apr 22, 2013
04/13
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revenue environment. not every balance sheet is going to execute equally in this environment. you've got some opportunities for -- >> what it means is the fed is going to stay the course on quantitative easing, basically. >> i think that is very clear. >> greg, tell us about this new study you're out with today. >> we found three in four americans say they are not more inclined to invest in the stock market now given the fact that interest rates are at record lows and the stock market's recently hit highs. that's the same as we found a year ago. now, a year ago, you know, in the past year interest rates have come down further. the market's gone up more. yet people are not swaying. >> what's their big fear? that they've missed it already? they're afraid it's too high? they're going to pick moment? is there too many risk? what's the big fear? >> some of each. quite frankly the memories of 2008 are very fresh. a lot of people, 2008 wasn't the first time they'd been burned. they got burned in the tech bust. b
revenue environment. not every balance sheet is going to execute equally in this environment. you've got some opportunities for -- >> what it means is the fed is going to stay the course on quantitative easing, basically. >> i think that is very clear. >> greg, tell us about this new study you're out with today. >> we found three in four americans say they are not more inclined to invest in the stock market now given the fact that interest rates are at record lows and...
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Apr 18, 2013
04/13
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so what qualifies as a company that can do no wrong in this environment? a couple of things. first, a company makes something with declining raw costs that it charges more for than it used to, and people have to pay that higher price because they have no alternative. and that's pretty much everything that sells at a supermarket or drugstore these days. think about it. what's the raw cost of a drug? virtually nothing. and what can they charge? virtually anything, as we see pretty much nightly these days on "mad money" when we have these execs on that talk about the huge prices they're charging. do you think celgene can't raise the price of revlimid, its breakthrough cancer drug? are you worried regeneron can't raise the price of eylea, an injectable medicine that can make you see again and requires fewer shots in the eye than the competition? i'm not that concerned. how about the toiletries? let's take head & shoulders, the terrific shampoo, not the terrifying chart pattern. the plastic bottle costs less than it used to because of the low price of natural gas courtesy of the r
so what qualifies as a company that can do no wrong in this environment? a couple of things. first, a company makes something with declining raw costs that it charges more for than it used to, and people have to pay that higher price because they have no alternative. and that's pretty much everything that sells at a supermarket or drugstore these days. think about it. what's the raw cost of a drug? virtually nothing. and what can they charge? virtually anything, as we see pretty much nightly...
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Apr 19, 2013
04/13
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but it's springtime in philadelphia and now a new species has been introduced into his environment. "mad money's" back to school tour returns april 25th. >> boo-yah! >>> lately i've been hearing a lot of talk about how housing can't save the economy. that it's not big enough. that it can't do much to move the needle. i hear the same thing about the oil and gas business. that no matter how much we find, it doesn't put that much to work. and the trade-off of increased use of fossil fuels just isn't worth it. let me see, how can i be polite and diplomatic about all these pessimistic judgments? they're lies. lies keeping the federal government from helping the cause of job creation instead of hindering it. you say housing isn't big enough? we know from retailers and bankers and homeowners, that the $1 towards the purchase of a house can produce another $6 in spending. fix up the yard, make it bigger, gussy up inside. instead, the government's indecision has made it very difficult to get a mortgage, which has kept housing from breaking out to the levels anywhere near where it used to be.
but it's springtime in philadelphia and now a new species has been introduced into his environment. "mad money's" back to school tour returns april 25th. >> boo-yah! >>> lately i've been hearing a lot of talk about how housing can't save the economy. that it's not big enough. that it can't do much to move the needle. i hear the same thing about the oil and gas business. that no matter how much we find, it doesn't put that much to work. and the trade-off of increased use...
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Apr 17, 2013
04/13
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i don't know if we can get back to what is a normalized environment. what does that even mean? i can't value it. i don't know how to value. >> i think it's interesting, the mainstream press. the front page of the washington post is the spring swoon and how we cannot seem to escape this economic decline and we've seen the past couple of springs and the front page of the journal is walmart and kohl's taking more time to pay their supplier, a trend they say is getting worse. those are not marginal positives, jim. i look at bank of america. i look at j.p. morgan and i say i'll pay 83.5 for 50,000 j & j. the trade is i don't want to mess with the stuff. proctor, look, he's making the quarter. he's going to make the quarter. >> raw costs coming down and coca-cola, by the way. raw costs are coming down, but they will come down. another one that is just where people are hiding. david, it's hide and don't seek. >> it is, but to carl's point, we've come out of the last few years and animal spirits start to feel strong. >> right. underlying economic growth is strong and everyone is revisi
i don't know if we can get back to what is a normalized environment. what does that even mean? i can't value it. i don't know how to value. >> i think it's interesting, the mainstream press. the front page of the washington post is the spring swoon and how we cannot seem to escape this economic decline and we've seen the past couple of springs and the front page of the journal is walmart and kohl's taking more time to pay their supplier, a trend they say is getting worse. those are not...
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Apr 22, 2013
04/13
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we'll have to see as far as the competitive environment, do any of these other competitive services end up adding up to anything? i think so far the answer is clearly no. we're not seeing much from amazon prime or hulu or some of the other services to really grab share from netflix. >> yeah? all right. we will leave it there. thanks, everybody. appreciate your time tonight. see you soon. >> thank you. >> thanks. >> thank you so much. >>> shares of johnson & johnson meanwhile hitting an all-time high today. ceo alex gorsky is up next in an interview you'll only see here. the company's first quarter sales were $17.5 billion. we'll find out what he's got planned for the second quarter right after this break. stay with us. >>> >>> welcome back. johnson & johnson shares at an all-time high. 84.83 tl$84.83 a share. the company enjoyed a major boost after the potential type 2 diabetes drug was granted fda approval. let's check in on j & j. has the brand fully recovered from product recalls? ceo alex gorsky. >> great to see you almost a year later. >> a year later. when you first started, we ta
we'll have to see as far as the competitive environment, do any of these other competitive services end up adding up to anything? i think so far the answer is clearly no. we're not seeing much from amazon prime or hulu or some of the other services to really grab share from netflix. >> yeah? all right. we will leave it there. thanks, everybody. appreciate your time tonight. see you soon. >> thank you. >> thanks. >> thank you so much. >>> shares of johnson &...
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Apr 18, 2013
04/13
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it looks like the chief of production goals from unconventional shell plays, i think the environment going forward has never looked brighter for u.s. infrastructure. >> i think et was yesterday someone said nat gas is the new safe haven, suddenly this is start to go look a little more price afforded. any view on that? >> i think that dmodty prices, a broader view, i think that peak energy, we believe in just the opposite at yorkville. we think energy prices will probably be the growth driver of the global economy. it has a lot of implications. it's very good for the u.s. and our consumers. it's very good for china. >> you say peak energy in terms of we're going to see declines -- >> i think we're going to see stability. the new energy supplies coming online are more expensive to extract from the ground, so you're not going to get back to $20 a barrel oil in our lifetime. but this $80 to $11 is 00, peaking at $120 dropping to $60 is probably a new range in the u.s. i see natural gas, it's at 350 right now, roughly, $4 to $6 range, $16 in japan, mid teen prices in germany. that's givin
it looks like the chief of production goals from unconventional shell plays, i think the environment going forward has never looked brighter for u.s. infrastructure. >> i think et was yesterday someone said nat gas is the new safe haven, suddenly this is start to go look a little more price afforded. any view on that? >> i think that dmodty prices, a broader view, i think that peak energy, we believe in just the opposite at yorkville. we think energy prices will probably be the...
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Apr 18, 2013
04/13
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your numbers show that with interest rates so low, it's really hard for you guys to make money in this environment. how do you feel about that? it's a double-edged sword, right? >> yeah, michelle, it is. so we actually make more money when rates are higher, so we'd like to see rates higher, particularly, a positive-sloping yield curve. you know, the fed has a strong view in consensus that rates need to stay low. i'm not generally in that camp. i think the early stages of qe were probably good. i think it's very debatable now whether it's doing any good or not. i personally think the economy trying to find its own natural structural, level of stabilization, and it's going to do that at its own pace, with or without qe. a lot of people disagree with that. but i think it's about confidence, not about how much qe we have. >> mr. king, appreciate your time, sir. thanks for joining us today. >> thank you very much. have a good day. >> great to have you on. >>> all right, stunning and frightening. just two terms to describe video that captures the situation that we saw in texas. >> yeah, we're going to g
your numbers show that with interest rates so low, it's really hard for you guys to make money in this environment. how do you feel about that? it's a double-edged sword, right? >> yeah, michelle, it is. so we actually make more money when rates are higher, so we'd like to see rates higher, particularly, a positive-sloping yield curve. you know, the fed has a strong view in consensus that rates need to stay low. i'm not generally in that camp. i think the early stages of qe were probably...
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Apr 23, 2013
04/13
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company growing the total addressable market improving profitability and it improves the competitive environment even more. i think you have a great, virtuous cycle that's kicking in. >> that cuts to the fundamental question about netflix whether it's growing fast enough to pay for the international expansion and to pay for the content bills that it's rack up. >> if you look in detail at these figures who which you have to still, the loss overseas is $77 million and the negative free cash flow is 42 million, tony. >> there are a couple of things that have gone on in this quarter. one, we do see these improvements in the use of accounts payable which in the cash flow and the u.s. streaming business scale better which should provide more cash flow and the dvd business is not declining as fast and these guys are managing the business pretty well. if i can on the international, it's down, but not down as much assy we expected and the way to think about that is maybe these international markets are getting to profitability sooner than expected and it may not be as big of a drag as people thought goin
company growing the total addressable market improving profitability and it improves the competitive environment even more. i think you have a great, virtuous cycle that's kicking in. >> that cuts to the fundamental question about netflix whether it's growing fast enough to pay for the international expansion and to pay for the content bills that it's rack up. >> if you look in detail at these figures who which you have to still, the loss overseas is $77 million and the negative...
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Apr 18, 2013
04/13
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with the -- we have the best capital markets, i think we need to make sure it fosters an environment where we can have small, medium and large banks, where we can have community banks that thrive, regional banks that tlooip thrive and large global banks. incidentally, andrew, if you look at the largest 50 banks, only about a half dozen are u.s. banks and incidentally, of the top 20 or 25 banks, our largest is number ten. so in terms of the size of our banks vis-a-vis our overall economy, much smaller than our international fears. >> but what about the idea that it's not just the banks. it's the financial companies, the insurance companies -- >> in addition to banks, we do have insurance companies in the financial services forum. >> there have been a lot of questions raised about all the regulations that were dropped on the banks when some of these other companies, like aig, for example, they were a huge problem and they're not going to be regulated in quite the same way. there's talk about cracking down on the insurer, as well. >> in the case of the nonbank, the group that was create
with the -- we have the best capital markets, i think we need to make sure it fosters an environment where we can have small, medium and large banks, where we can have community banks that thrive, regional banks that tlooip thrive and large global banks. incidentally, andrew, if you look at the largest 50 banks, only about a half dozen are u.s. banks and incidentally, of the top 20 or 25 banks, our largest is number ten. so in terms of the size of our banks vis-a-vis our overall economy, much...
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Apr 18, 2013
04/13
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it's a tough environment. this is an economy that allow earnings to continue to grow. >> we knew margins were going to be a challenge getting into the year. do any of the warnings, any of the rust bell guidance that has come down give you any concern about capex which has been one of the bull's big arguments? >> not too much. when i look at the guidance, the guidance is negative relative to recent history. but when it comes to margins, we think we'll see 3% productivity growth in the first quarter. that is not bad. this is an economy in which we vice president seen much productivity growth to this point. i think it's picking up a little bit here. i think that will ret up a little bit. we're not looking for explosive earnings growth. we'll go to a 5% pace over the next year or two. and the next big economic bump. and that should be good enough for the oil prices. >> it wasn't too long ago that people were putting three handles on. we had strategists putting aggressive targets on year s&p. does any of the data l
it's a tough environment. this is an economy that allow earnings to continue to grow. >> we knew margins were going to be a challenge getting into the year. do any of the warnings, any of the rust bell guidance that has come down give you any concern about capex which has been one of the bull's big arguments? >> not too much. when i look at the guidance, the guidance is negative relative to recent history. but when it comes to margins, we think we'll see 3% productivity growth in...
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Apr 22, 2013
04/13
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so it's hard to see the global economy breaking out of the slow to modest growth environment. interest rates we think will stay pretty low. that overall is a reasonably attractive back drop for companies to deliver okay earnings growth. and so we can take earnings disappointments as long as it's minor. but as you say, it is a gdp and an earnings cliff, then we return to late '07/'08 type markets. we don't think it's going to happen, though. >> jonathan, it's ross here. what would you describe as okay earnings growth? >> well, i mean, okay in the context of the last six to nine months has been earnings estimates coming down week after week after week after week. the aggregate impact of that, though, is that european earnings growth expectations for 2012, remember those numbers are not finalized until we see the full years coming in the first part of this year. analyst expectations started last year around plus 10% and then our minus 3%. that's quite a big shift down when you put that into context of what we saw in 2008 where the earnings estimates went from plus 20 to minus 50%
so it's hard to see the global economy breaking out of the slow to modest growth environment. interest rates we think will stay pretty low. that overall is a reasonably attractive back drop for companies to deliver okay earnings growth. and so we can take earnings disappointments as long as it's minor. but as you say, it is a gdp and an earnings cliff, then we return to late '07/'08 type markets. we don't think it's going to happen, though. >> jonathan, it's ross here. what would you...
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Apr 21, 2013
04/13
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this is a complex environment, a complex city. i would say our commanders, our community officers are -- and i've been in the police department a long time. our relationships are better now than they have ever been. you'll always have some tension, some friction, it's the nature of police work. you're going to have some give and take. but we have strong working relationships. and we are proud of that. we work to have that. >> alienated young men, is the easy accessibility of guns and other instruments of destruction something that worries you? >> absolutely. we sent a team to mumbai and got granule information very quick ly. that's what we do. go to the scenes of the terrorist events, bring back information to help us better protect the city. if you look at the events in mumbai, they were done with very simple weapons and clearly we know in this country that the proliferation of weapons, we have 300 million guns abroad in our country. so it's a concern. if you look at the bombs that were used in boston, very simple to make. it was
this is a complex environment, a complex city. i would say our commanders, our community officers are -- and i've been in the police department a long time. our relationships are better now than they have ever been. you'll always have some tension, some friction, it's the nature of police work. you're going to have some give and take. but we have strong working relationships. and we are proud of that. we work to have that. >> alienated young men, is the easy accessibility of guns and...
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Apr 19, 2013
04/13
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town called west, there were concerns last night that the presence of ammonium nitrate would make the environment around the plant volatile. the impact of the explosion was massive. the destruction in that four to five block radius around the plant overwhelming. most importantly, the human toll is still being assessed and as i say, we're just not speculating on numbers at this point. there's too much riding on it. right now, we do want to show you some images of the blast itself that drive home what this town is dealing with right now. take a look. >> you okay? >> yeah. >> you okay? >> i can't hear. i can't hear. >> cover your ears. >> get out of here. please get out of here. >> oh, my god. >> please get out of here. please get out of here. dad, please get out of here. >> oh, [ bleep ]! [ sirens ] >> i don't even recognize. i have no idea where i am. look at this. >> it had to have been a plane. what else could it have been? oh, my god. andrea lives in those apartments! >> oh, my god. >> oh, my god. >> i thought something fell on my house. >> that your kid? >> it's my grandbaby. he was in the apa
town called west, there were concerns last night that the presence of ammonium nitrate would make the environment around the plant volatile. the impact of the explosion was massive. the destruction in that four to five block radius around the plant overwhelming. most importantly, the human toll is still being assessed and as i say, we're just not speculating on numbers at this point. there's too much riding on it. right now, we do want to show you some images of the blast itself that drive home...
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Apr 20, 2013
04/13
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there's going to be a lot of challenges running events in these open environments like a marathon. there's 26 miles, it's going to be very difficult, but there are a the will the of things that event organizers working wi ini law enforcement can do. >> dan, thank you so much. the boston red sox are doing their part to help their hometown heal. how they are bringing a sense of normalcy to the city. we'll head back live to fenway park in a few minutes. >>> welcome back to cnn's conning coverage of the terrorist attacks in boston. the city is beginning to return to normal and we can really get a sense of that at fenway park where the red sox are back in action today. before the first pitch, there was a solemn moment of silence. >> as we think of our 176 adults and children who were injured, including officer richard donahue, won't you join us as we observe a moment of silence, contemplation and prayer and in particular for the 58 who are still hospitalized. thank you. we wish each of you a speedy recovery. >> now let's go back to john berman a the ballpark. i'm wearing a red sox hat.
there's going to be a lot of challenges running events in these open environments like a marathon. there's 26 miles, it's going to be very difficult, but there are a the will the of things that event organizers working wi ini law enforcement can do. >> dan, thank you so much. the boston red sox are doing their part to help their hometown heal. how they are bringing a sense of normalcy to the city. we'll head back live to fenway park in a few minutes. >>> welcome back to cnn's...
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Apr 18, 2013
04/13
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an environment that the europeans, by the way, are way ahead of us on. a lot more surveillance in europe than there is here. i suspect over the course of a month or two or three months americans will step back and say, hey, that might have aided that investigation but we're not sure we want to live in that kind of security culture. >> and we can't draw, phil, any hard conclusions about one of these bombs was in a pressure cooker. that's obviously available very easily. you can't draw any conclusions whether that's a signature of a domestic or a foreign terrorist. >> actually, i would draw conclusions. but more about what it's not than what it is. when you look at the people i faced for a couple decades, that is terrorists inspired by al qaeda, they after 9/11 went to bombs that were much more sophisticated. explosives were more sophisticated. they received training that was pretty advanced. they selected targets that were harder than this target. i would argue more iconic. that is transportation targets that are recognizable worldwide. in this case you'v
an environment that the europeans, by the way, are way ahead of us on. a lot more surveillance in europe than there is here. i suspect over the course of a month or two or three months americans will step back and say, hey, that might have aided that investigation but we're not sure we want to live in that kind of security culture. >> and we can't draw, phil, any hard conclusions about one of these bombs was in a pressure cooker. that's obviously available very easily. you can't draw any...
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Apr 18, 2013
04/13
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lyric can also give you exceptionally clear, natural sound in quiet and noisy environments because of how it works with your ear's own anatomy. can your hearing aid do all this? lyric can. to learn more about lyric's advanced technology, call 1-800-414-5999 or visit trylyric.com for a risk-free 30 day trial offer and free dvd and brochure. get the hearing aid that can. lyric from phonak. lyric can. ...and we inspected his brakes for free. -free is good. -free is very good. [ male announcer ] now get 50% off brake pads and shoes at meineke. >>> we have to show you some simply crazy video out of chicago, which is right now under a flash flood watch. there's this 40-foot-wide sinkhole and it's simply swallows two cars and it's not done yet. it swallows a third. a driver of one of those cars was injured. the sink hole was probably triggered by this heavy rain there. seven inches have fallen on chicago in the past 24 hours. these floods have caused -- closed several expressways in the area and some 400 flights in chicago already cancelled. i want to bring in meteorologist chad myers and ji
lyric can also give you exceptionally clear, natural sound in quiet and noisy environments because of how it works with your ear's own anatomy. can your hearing aid do all this? lyric can. to learn more about lyric's advanced technology, call 1-800-414-5999 or visit trylyric.com for a risk-free 30 day trial offer and free dvd and brochure. get the hearing aid that can. lyric from phonak. lyric can. ...and we inspected his brakes for free. -free is good. -free is very good. [ male announcer ]...
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Apr 24, 2013
04/13
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he was also on the national counterterrorism center's terrorist identity's data mart environment similar to the fbi list and updated several times a day with much more specific information. his departure was communicated to the joint terrorism task force in boston. so how is it that three government agencies knew about tsarnaev but he got such freedom to travel? intelligence and law enforcement officials tell cnn tsarnaev was included because in march of 2011 at the prompting of the russians an investigation was opened into possible ties with islamic extremists. but three months later, having interviewed him, his family, and looking at some of his online activities, the u.s. did not see a threat and cleared him. >> the fbi took action in response to that notification, investigated the elder brother, and investigated thoroughly and came to the conclusion there was no derogatory information, no indication of terrorist activity or associations either foreign or domestic at that time. >> reporter: that is the reason tsarnaev's name was not placed on any u.s. watch list that could have actual
he was also on the national counterterrorism center's terrorist identity's data mart environment similar to the fbi list and updated several times a day with much more specific information. his departure was communicated to the joint terrorism task force in boston. so how is it that three government agencies knew about tsarnaev but he got such freedom to travel? intelligence and law enforcement officials tell cnn tsarnaev was included because in march of 2011 at the prompting of the russians an...
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Apr 20, 2013
04/13
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they are trusted environments within other industry groupings. certainly companies do not want to share competitive information that would lead to antitrust issues. there are some restrictions bidirectionally between the government, which has classified information, and financial institutions. there has to be a trust relationship improved their. there are some areas where the government simply cannot share information with the banks and the financial sector may not share certain information with the government if it runs afoul of privacy concerns or civil liberties or proprietary financial information, etc. , has there been an attack on the air traffic control system that has stopped traffic? >> no. but that is something we have to worry about. there are different levels and there would be different reasons for attacks. what is the reason? is the reason to bring down an aircraft, which could be a terrorist type thing come a which as we were discussing in the other room is horrific and a big catastrophe and gets a lot of attention. more importantl
they are trusted environments within other industry groupings. certainly companies do not want to share competitive information that would lead to antitrust issues. there are some restrictions bidirectionally between the government, which has classified information, and financial institutions. there has to be a trust relationship improved their. there are some areas where the government simply cannot share information with the banks and the financial sector may not share certain information...
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Apr 18, 2013
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living in a bad home environment can be a big distraction. budget cuts is probably the worst problem of all. >> scheduled cuts that would take place unless congress acts would mean 8.2% cuts. >> cut. >> yes, cut. and these aren't just dollar signs in percent. they are children's futures. >> programs are designed to pick up the slack for kids whose needs aren't being met. all of those programs are designed to deliver needs of children not being met by the larger system. to cut seven point eight percent would have an incredible impact on students across america. >> before we fix the educational system, we need to find out what meets [indiscernible] >> we do have room for improvement. one of the areas that we are weak in is allowing students the opportunity to be creative in their learning and for us to decided relevance for students. with the advent of technologies, students don't teachers foreed information. they can go to the internet and get answers. but what they do need teachers for his what information is relevant? what information is acc
living in a bad home environment can be a big distraction. budget cuts is probably the worst problem of all. >> scheduled cuts that would take place unless congress acts would mean 8.2% cuts. >> cut. >> yes, cut. and these aren't just dollar signs in percent. they are children's futures. >> programs are designed to pick up the slack for kids whose needs aren't being met. all of those programs are designed to deliver needs of children not being met by the larger system....
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Apr 23, 2013
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while realistic and mindful of the current fiscal environment, i remain optimistic about the future of the coast guard. it's my duty to look beyond the annual budget cycle and to prepare and adapt the service to keep it moving to address the major maritime safety and risks to the nation now and to the future. the men and women of the coast guard give their all and make sacrifices every day putting their country first. we owe them our very best efforts to provide them the support they need. this subcommittee has long supported the then and women of the coast guard, recognizing their sacrifice and on behalf of all my coast guard shipmates, i want to thank you and i look forward to answering your questions. >> thank you very much, commandant. let me move now to dr. sullivan. again, acting director for noaa. thank you very much for being here. >> thank you, gentlemen. ranking member rubio, members of the committee, i'm very pleased also to be here today to talk with you about the -- >> is your microphone on? >> now it's on. my apologies. i'm pleased to be here to present the president's f.
while realistic and mindful of the current fiscal environment, i remain optimistic about the future of the coast guard. it's my duty to look beyond the annual budget cycle and to prepare and adapt the service to keep it moving to address the major maritime safety and risks to the nation now and to the future. the men and women of the coast guard give their all and make sacrifices every day putting their country first. we owe them our very best efforts to provide them the support they need. this...
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Apr 17, 2013
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the term shared situational awareness means an environment where cyberthreat information is shared in real time between all designate the federal cyberoperations centers to provide actionable information about all known cyberthreats. page 5, strike line 6 and all that follows through page 6, line 7. page 7, beginning on line 17, strike by the department or agency of the federal government receiving such cyberthreat information. page 13, strike line 13 and all that follows through page 15, line 23. page 17, strike line 15 and all that follows through page 19, line 19. the speaker pro tempore: the gentleman from georgia is recognized. mr. woodall: mr. speaker, i yield back the balance of my time and i move the previous question on the amendment and on the resolution. the speaker pro tempore: without objection, the previous question is ordered on the amendment and on the resolution. the question is on adoption of the amendment. those in favor say aye. those opposed, no. the ayes have it. the amendment is adopted. the question is on adoption of the resolution, as amended. those in favor s
the term shared situational awareness means an environment where cyberthreat information is shared in real time between all designate the federal cyberoperations centers to provide actionable information about all known cyberthreats. page 5, strike line 6 and all that follows through page 6, line 7. page 7, beginning on line 17, strike by the department or agency of the federal government receiving such cyberthreat information. page 13, strike line 13 and all that follows through page 15, line...
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Apr 24, 2013
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in that sense, we are in a different environment than 1958. when i first came to darpa in 1986, now we know we were close to the end of the cold war, but in 1986, we didn't know it was that close, and in that environment, even though the world was quite complex, what we thought was one this overwhelming threat to the the united states. in that sense, the scenarios are much more diverse. >> [inaudible] >> we hear about the g.p.s. o we have a time period -- [inaudible] >> we have created our own surprises. can you list any of the surprises you have created? >> let me start with the second question. my first example will tie to your question about g.p.s. in the 1980's, when g.p.s. satellites started becoming widely deployed, at that time we had g.p.s. capability but it meant carrying an enormous box around on your shoulder or ship. it was a heavy pack, but it was not the kind of capability that it is today. how it goss from there to the point that it's embedded, not just in all of our platforms, but in all of our weapons and in it's our weapons a
in that sense, we are in a different environment than 1958. when i first came to darpa in 1986, now we know we were close to the end of the cold war, but in 1986, we didn't know it was that close, and in that environment, even though the world was quite complex, what we thought was one this overwhelming threat to the the united states. in that sense, the scenarios are much more diverse. >> [inaudible] >> we hear about the g.p.s. o we have a time period -- [inaudible] >> we...
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Apr 17, 2013
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chemical coating constructing support mounts for objects, doing additional cleaning in a dry and stable environment. the ultimate goal is to put these into the gallery and be able to share is much of the operatedhow the pumps and how they were made. we know that the one in front of us up until almost the last moment was working hard to try to keep the ship from sinking. unfortunately, when the water pushes out the oilers -- ump stoppede p moving. >> i think of the crew of the monitor and the things they experienced and the struggles that they undertook to preserve the union and how ironic is that today, 151 years later, they are still serving the nation but in a very different way and in ways they could never imagine, for helping us understand marine conservation and about our past and helping us move forward and learn from the lessons of the past. to, looking at the history and literary life of virginia beach, virginia, including more from the mariners' museum, saturday and noon eastern on c-span2. and sunday at 5:00 on c-span3. >> "washington journal" continues. texaswe're back with republican lo
chemical coating constructing support mounts for objects, doing additional cleaning in a dry and stable environment. the ultimate goal is to put these into the gallery and be able to share is much of the operatedhow the pumps and how they were made. we know that the one in front of us up until almost the last moment was working hard to try to keep the ship from sinking. unfortunately, when the water pushes out the oilers -- ump stoppede p moving. >> i think of the crew of the monitor and...
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Apr 17, 2013
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america does not have to take a backseat to anyone on a clean environment. in fact, our co-2 emissions in america today are lower than they have been in 20 years, and our other emissions are lower than they have been in many, many years because our clean air act and our clean water act is working. but let's not use these pieces of legislation to penalize the american people and lose jobs and be less competitive in the global marketplace. so i want to thank the gentleman for sponsoring this event, and let's be mindful of the importance of coal in producing electricity in america. thank you. mr. barr: i thank the gentleman, and i think his final point was a good one that ironically the e.p.a.'s policies overly restrictive policies are actually contributing to a negative global environment. the crackdown on domestic energy production is producing exports to countries with inferior electrical generation capabilities. we need to unleash the free enterprise system. the american free enterprise system is what will solve problems in utility generation and in energy
america does not have to take a backseat to anyone on a clean environment. in fact, our co-2 emissions in america today are lower than they have been in 20 years, and our other emissions are lower than they have been in many, many years because our clean air act and our clean water act is working. but let's not use these pieces of legislation to penalize the american people and lose jobs and be less competitive in the global marketplace. so i want to thank the gentleman for sponsoring this...
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Apr 21, 2013
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there are actors within that environment. for them, had this been directly tied to have these two individuals been directly tied to those groups, i would be surprised if they didn't want to claim it. there are anti-american in a substrata of the chechen organization. host: what surprised you the most as you go through this data? guest: one of the positive surprises was the willingness of the american people and working with law enforcement and department of homeland security in a way similar to the administration strategy for preventing violent extremism. a community-oriented approach that will increase communication between the community and government, and prevent radicalization from happening in the first place, and if it does occur, allowing the government and community to deal with it in a positive way before a terrorist plot is hatched. 57% of respondents indicated a willingness to work with law enforcement and dhs to establish those relationships ahead of time. it is a positive story. i see a lot of value in a communit
there are actors within that environment. for them, had this been directly tied to have these two individuals been directly tied to those groups, i would be surprised if they didn't want to claim it. there are anti-american in a substrata of the chechen organization. host: what surprised you the most as you go through this data? guest: one of the positive surprises was the willingness of the american people and working with law enforcement and department of homeland security in a way similar to...
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Apr 16, 2013
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you know, i have found since being on the science committee that it is an rook anymore-rich environment and mr. speaker, i'm an acronym challenged individual, so i'll be talking about the network and information technology research and development program. in the future i'll call it the program. it's the federal government's main research and development effort in unclassified networking, computing, software cybersecurity, and related information technology. research conducted under this program has led to scientific growth and innovation in several areas, including technologies in science, engineering, and medicine, computer-based education and training, and near real time weather forecasts which is really important in my state of wyoming. currently 15 federal agencies are contributing members to the program and even more participate. so h.r. 967, the bill in front of us, does two things. it updates the high performance computing act of 1991, and it re-authorizes the program to advance our nation's networking and information technology research and development. it's the digital age, mr
you know, i have found since being on the science committee that it is an rook anymore-rich environment and mr. speaker, i'm an acronym challenged individual, so i'll be talking about the network and information technology research and development program. in the future i'll call it the program. it's the federal government's main research and development effort in unclassified networking, computing, software cybersecurity, and related information technology. research conducted under this...
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Apr 16, 2013
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want to congratulate the people of srael for per servering in a dangerous neighborhood and dangerous environment. earlier today we had a terrible tragedy in the united states in boston, where lives were lost, in what seems to be a bombing or potential terrorist attack. i don't want to jump to conclusion and as a new yorker who lived through september 11, 2001, terrorism is something that whenever it rears its ugly head, all people of goodwill must condemn it. people of israel voo lived through that and lived through bombings at pizza shops and weddings and random bombings of people who don't care about life but care about death. so we pause, of course, for the loss of life in boston today and understand that when israel has gone through a terrorist attack, there is a similar crying out of wanton acts of terror. . i just returned from israel, i had the honor to have traveling there with president obama. the president is working feverishly to try to move toward a two-state solution which all of us believe is the best thing that could happen, a palestinian state and an israeli jewish state and cert
want to congratulate the people of srael for per servering in a dangerous neighborhood and dangerous environment. earlier today we had a terrible tragedy in the united states in boston, where lives were lost, in what seems to be a bombing or potential terrorist attack. i don't want to jump to conclusion and as a new yorker who lived through september 11, 2001, terrorism is something that whenever it rears its ugly head, all people of goodwill must condemn it. people of israel voo lived through...
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Apr 24, 2013
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and we've got to remember that clearing this regulatory environment, it helps that american family. it helps that american family when they're sitting around their dinner table and they're trying to make life work. again, real quick, week of got a few more minutes. i just want to remind, mr. speaker, tonight we are hoping to receive input from our constituents at #makinglifework . throughout our conversation tonight we've been hearing from folks who have been reminding us of issues that are important to them and i think this is, mr. speaker, a very unique opportunity to have this onversation. ms. herrera beutler: we thank the gentlelady from alabama for putting this special order together and for really care being all americans and about what's important to them, as you said, sitting around the kitchen tables, it's about making life work. and at the end of the day, that's what government ought to be doing. getting out of the way, off their backs, working for the people, not against them. mr. gardner: i hope that tonight's conversation will continue, that it's not just an hour before
and we've got to remember that clearing this regulatory environment, it helps that american family. it helps that american family when they're sitting around their dinner table and they're trying to make life work. again, real quick, week of got a few more minutes. i just want to remind, mr. speaker, tonight we are hoping to receive input from our constituents at #makinglifework . throughout our conversation tonight we've been hearing from folks who have been reminding us of issues that are...
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Apr 18, 2013
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it is challenging in this fiscal environment. administrations 39 budget -- $39 million budget request. consistent with what congress appropriated in 2013 for the department before sequestration cuts were applied. the level of funding in this budget is lower than what congress appropriated in 2009. stepping back and thinking of the challenges that our country and this department has faced since 2009, times square bombing, hurricane sandy, the ever-changing and growing cyber threat, and of the boston attack, it is easy to become concerned with this budget request. we are facing extremely difficult budgetary times. sacrifices must be made. they may not receive all of the funding. and agencies in government must share in the sacrifice to some extent required during this deficit. our secretary seems to have taken this message to heart. he is identified $1.3 billion in savings this year and more than $4 billion since 2009. he continues to move from a risk-based approach and it effort to save more money. i'm happy to see this budget pro
it is challenging in this fiscal environment. administrations 39 budget -- $39 million budget request. consistent with what congress appropriated in 2013 for the department before sequestration cuts were applied. the level of funding in this budget is lower than what congress appropriated in 2009. stepping back and thinking of the challenges that our country and this department has faced since 2009, times square bombing, hurricane sandy, the ever-changing and growing cyber threat, and of the...
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Apr 17, 2013
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for us, our federal workers look to john to watch out for them, to make sure they have a safe work environment, that their paychecks will arrive on time and the benefits they earn are the ones they receive. under president clinton, john served as deputy assistant secretary and acting assistant secretary for law enforcement at the treasury department. overseeing the united states secret service and the bureau of alcohol, tobacco and firearms. and he later moved to the interior department where he was assistant secretary for policy, management and budget, essentially the manager of the department of interior. before coming to the office of personnel management, john spent nearly a decade working on conservation as director of the fish and wildlife foundation, and then arguably the job he perhaps has enjoyed most, he became director of the national zoo. at the national zoo, he was so successful turning around a faltering institution that after he left they named a lion in his honor. john indeed was a lion, a lion on behalf of the federal employees, a lion on behalf of good government, a lion on b
for us, our federal workers look to john to watch out for them, to make sure they have a safe work environment, that their paychecks will arrive on time and the benefits they earn are the ones they receive. under president clinton, john served as deputy assistant secretary and acting assistant secretary for law enforcement at the treasury department. overseeing the united states secret service and the bureau of alcohol, tobacco and firearms. and he later moved to the interior department where...
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Apr 18, 2013
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as a symbol of our commitment to guarantee that every child in america can study and learn in a safe environment. thank you, mr. speaker. with that i yield back. the speaker pro tempore: the gentleman yields back. for what purpose does the gentlelady from illinois rise? >> i ask unanimous consent to address the house for one minute. the speaker pro tempore: without objection. >> i rise today to talk about the recent passing of dick falla, a great friend to working men and women of illinois and iowa, and a great ally to american workers. dick spent his life fighting to improve the lives of others. he was a tireless and passionate advocate for working families and true champion for civil rights. st's a lifel heght for local d national leader on half of the american worker he showed up at every labor rally, pickett line, and civil rights event. rain, snow, heat, old age, and sickness. nothing could deter dick from fighting on he behalf of working people. he was a rousing public speaker and inspired generations of illinoisans and iowans to get involved in public service. i know my husband, jerry, an
as a symbol of our commitment to guarantee that every child in america can study and learn in a safe environment. thank you, mr. speaker. with that i yield back. the speaker pro tempore: the gentleman yields back. for what purpose does the gentlelady from illinois rise? >> i ask unanimous consent to address the house for one minute. the speaker pro tempore: without objection. >> i rise today to talk about the recent passing of dick falla, a great friend to working men and women of...
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Apr 24, 2013
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theyr: to start with, industry iswould not let the bay do anything on the river because of the environment protection agency. take care of flood control. any time you turned corporations anything, they just passed along to the consumer. what ever you do just costs everyone else. your did you find that in research, did cargill confirm that? guest: it might end up costing everybody a little more, but when i visited the grain elevator their outside of new orleans, they were loading a very large ship with 66,000 tons of wheat bound for egypt. this ship would make -- this grain would make 200 million loaves of bread in egypt. i have a hard time seeing why the u.s. taxpayers should subsidize the movement of goods to egypt. why not have cargo charge the egyptians a little more for the grain, and then using that little bit more revenue to pay a little bit more for moving their barges on the river? yes, it will cost everyone more if we charge the barge companies, but at least the payments will be coming from the end users, rather than from the taxpayer. twitter, barges are a hidden industry. the va
theyr: to start with, industry iswould not let the bay do anything on the river because of the environment protection agency. take care of flood control. any time you turned corporations anything, they just passed along to the consumer. what ever you do just costs everyone else. your did you find that in research, did cargill confirm that? guest: it might end up costing everybody a little more, but when i visited the grain elevator their outside of new orleans, they were loading a very large...
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Apr 22, 2013
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what i wanted to do was to reach out to the three services and of ain an environment constricting budget, why do you want to spend some much money on this? i reached out to the pentagon office that is managing the program to understand what they were doing to fix this program. to people outside the military to get their perspective. >> how cooperative was lockheed martin? >> they were pretty cooperative. they made some of their executives available to me for interviews. they got me to sit in a flight simulator. in crystal the river city, va., not more than a 10- minute car ride from capitol hill, as part of their flight simulator center, it is a place where members of congress and their staff members and other government officials can go. it is a chance to show off the virtues of the airplane to the washington crowd. i did travel down to an air force base in florida to see the plane in action. on the florida panhandle i pensacola. >> is there a prison down there? >> good question. figures are in a prison down there. >> i tried to stay away from prison. >> sunday, march 10, was when this
what i wanted to do was to reach out to the three services and of ain an environment constricting budget, why do you want to spend some much money on this? i reached out to the pentagon office that is managing the program to understand what they were doing to fix this program. to people outside the military to get their perspective. >> how cooperative was lockheed martin? >> they were pretty cooperative. they made some of their executives available to me for interviews. they got me...
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Apr 20, 2013
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of the afghans who will provide a secure the environment. says, whenever we ask 10 soldiers to do more than 10 soldier's work of work we keepshrink the figure to protection first and foremost. >> one question on facilities, you mentioned returning situation back to the way before. is there any kind of process we go through with afghanis to decide that they like things left their that otherwise our -- that are other was of no value? >> we have a detailed plan for afghan infrastructure to sustain afghan forces post-2014. some of that infrastructure is being transitioned from coalition forces. all of the infrastructure is above their ability to sustain over time. we have a very detailed plan that links the infrastructure post 2014. the resources we project will be available to sustain the infrastructure. those facilities that cannot be sustained post 2014 are the ones that i talked about that were reduced back to the way we found it. >> we need go beyond military use of those facilities to hospitals, school, some other use. do we have a checkli
of the afghans who will provide a secure the environment. says, whenever we ask 10 soldiers to do more than 10 soldier's work of work we keepshrink the figure to protection first and foremost. >> one question on facilities, you mentioned returning situation back to the way before. is there any kind of process we go through with afghanis to decide that they like things left their that otherwise our -- that are other was of no value? >> we have a detailed plan for afghan...
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Apr 19, 2013
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you end up interfering with signals more generally in a civilian environment. inre were two early pilots 2006 and 2007 in the department to look at whether that anti- scanning technology could be used in a civilian way. but i do not know whether there is new research being done in that regard. getting bac to the chance for progress -- i can understand the probms you are talking about. it would go a great way toward minimizing the issue. >> exactly. we do not know whether or not this was remotely detonated. , we encourage state and locals and religious organizations and others to tie into a simple line. 911 orority use either whatever the tip line is for that particular department. your point is well taken. we want it to be as simple and memorable as we can. the third question -- the intel. i think that is an interesting question. because we do not know whether this was domestic or international, particularly where domestic is concerned, there is a particularly valuable role for intelligence that is collected and analyzed at the local level, irrespective of bost
you end up interfering with signals more generally in a civilian environment. inre were two early pilots 2006 and 2007 in the department to look at whether that anti- scanning technology could be used in a civilian way. but i do not know whether there is new research being done in that regard. getting bac to the chance for progress -- i can understand the probms you are talking about. it would go a great way toward minimizing the issue. >> exactly. we do not know whether or not this was...
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Apr 24, 2013
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there are more eyes on the issue in an environment where they can make decisions. opportunity us an that we probably have not taken advantage of. conversely, anyone who is familiar with the history of war knows that abuses in the use of aircraft, carpet bombing orolving unintended damage perhaps sometimes intended damage to civilian population is endemic to the history of warfare. sometimes used by our enemies and sometimes in some instances, unfortunately used by the united states. we are dealing here with a set of questions that has persisted for some time. let me focus, again
there are more eyes on the issue in an environment where they can make decisions. opportunity us an that we probably have not taken advantage of. conversely, anyone who is familiar with the history of war knows that abuses in the use of aircraft, carpet bombing orolving unintended damage perhaps sometimes intended damage to civilian population is endemic to the history of warfare. sometimes used by our enemies and sometimes in some instances, unfortunately used by the united states. we are...
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Apr 22, 2013
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there are actors within that environment. for them, had this been directly tied to have these two individuals been directly tied to those groups, i would be surprised if they didn't want to claim it. there are anti-american sentiments. host: what surprised you the most as you go through this data? guest: one of the positive surprises was the willingness the american people and working with law enforcement and department of homeland security in a way similar to the administration strategy for preventing violent extremism. a community-oriented approach that will increase communication between the community and government, and prevent radicalization from happening in the first place, and if it does occur, allowing the government and community to deal with it in a positive way before a terrorist plot is hatched. 57% of respondents indicated a willingness to work with law enforcement and dhs to establish those relationships ahead of time. it is a positive story. i see a lot of value in a community-oriented approach towards these c
there are actors within that environment. for them, had this been directly tied to have these two individuals been directly tied to those groups, i would be surprised if they didn't want to claim it. there are anti-american sentiments. host: what surprised you the most as you go through this data? guest: one of the positive surprises was the willingness the american people and working with law enforcement and department of homeland security in a way similar to the administration strategy for...
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Apr 22, 2013
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considering the fact that fsil fuels are not all leave feeling our cars but giving a desolation to the environment, do you believe man will develop environmentally sound modes of transportation out of sheer will to be accountable as inhabitants of earth? host: i will give you the last comment. guest: that's a good question. there are multiple ways of thinking about this. some would argue that the government should support certain industries and drive that an ovation. others argue that should be a market-based mechanism whereby the most effective solution to some of these problems will be achieved when we are indeed in dire need of them and there is the financial and economic incentive to do so. i'm not sure where i come down on that. host: anthony costello, we appreciate you joining us today. guest: thank you for having me. that host: is our show today and we will take you live to the senate judiciary committee hearing on the immigration overhaul legislation. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2013] >> good morning. we welcome
considering the fact that fsil fuels are not all leave feeling our cars but giving a desolation to the environment, do you believe man will develop environmentally sound modes of transportation out of sheer will to be accountable as inhabitants of earth? host: i will give you the last comment. guest: that's a good question. there are multiple ways of thinking about this. some would argue that the government should support certain industries and drive that an ovation. others argue that should be...
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Apr 18, 2013
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and at the canadian import environment in case there were those seeking to escape the scene. again,spect to fema, when you saw the response in boston and how coordinated it was, even given the level of destruction, i would remind the committee that just last november boston held a mass of exercise on how to deal with a mass casualty event, and that exercise was the kind of exercise and exercises courted by the committee to fhrough fema, crease in our ability for response and resilience. we provided several intel products and briefings to law enforcement across the country, critical conner and operators, and we have been reaching out to community organizations who want to know what they can do. we are and lamenting security measures, both seen and unseen, at airports, transit hubs with in the maritime and run it, and at ports of entry. the coast guard is providing security on the ferries in the doing area, and teams are searches on terms of ground transportation and fell like. and finally, with respect to the public, but we do urge the public to remain vigilant. we are all in
and at the canadian import environment in case there were those seeking to escape the scene. again,spect to fema, when you saw the response in boston and how coordinated it was, even given the level of destruction, i would remind the committee that just last november boston held a mass of exercise on how to deal with a mass casualty event, and that exercise was the kind of exercise and exercises courted by the committee to fhrough fema, crease in our ability for response and resilience. we...
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Apr 24, 2013
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this supports the understanding that natural gas production is safe for our environment and communities. and as the father of two young children, i recognize the importance of ensuring that our air's clean and that our water's clean. we must always seek to ensure the energy development is undertaken responsibly. but this report is an inconvenient truth for many out there who oppose fracking, which has given us so much natural gas and a competitive advantage. mr. speaker, we must support the continuation of environmentally sound natural gas production in the united states, to ensure our energy independence and further decrease our reliance on foreign sources of energy. it is absolutely critical to grow our economy so that families across the country can put food on the table and pursue happiness in this great country. thank you. with that, mr. speaker, i yield back the balance of my time. mr. johnson: i thank my friend for yielding back. mr. speaker, may i inquire about how much time we have remaining? the speaker pro tempore: 28 minutes remaining. mr. johnson: 22 minutes? the speaker pr
this supports the understanding that natural gas production is safe for our environment and communities. and as the father of two young children, i recognize the importance of ensuring that our air's clean and that our water's clean. we must always seek to ensure the energy development is undertaken responsibly. but this report is an inconvenient truth for many out there who oppose fracking, which has given us so much natural gas and a competitive advantage. mr. speaker, we must support the...
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Apr 19, 2013
04/13
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but they're also a part of our marine environment and have been a part of that since iceland was settled. >> taking a step back and looking more broadly at the two things we've been talking about, climate change and fishing, has global environmental change been a net benefit to iceland's fisheries or a net detriment? >> well, it's very difficult to answer that question. let's indeed one of the big issues if we look ahead a number of decades. because traditionally over the centuries, this has been the key part of the exporter of an icelandic fishing sector. of course, some other species as well, but some people are arguing that due to the warming of the north atlantic, could be changed in the moment. it could lead to more arctic cooperation is, in fact, to study what's happening to the fisheries and the fish stocks in the northern oceans of the world, including the arctic as the ice melts. he argument was that the first disputes that would alert new nations would be disputes over fisheries, that the melting of the arctic sea ice and the transformation in the northern oceans would challeng
but they're also a part of our marine environment and have been a part of that since iceland was settled. >> taking a step back and looking more broadly at the two things we've been talking about, climate change and fishing, has global environmental change been a net benefit to iceland's fisheries or a net detriment? >> well, it's very difficult to answer that question. let's indeed one of the big issues if we look ahead a number of decades. because traditionally over the centuries,...
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Apr 22, 2013
04/13
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this is a report from environment energy news -- talk about the push back. guest: it is interesting that comes from this group. we were talking earlier about the impact -- host: between the majors and the independents? guest: exactly at would be the smaller companies that would feel the brunt of this if the tax code was adjusted. they put all drill that maxwell and there is fewer dollars, there will be less wells that were drilled. another argument they bring up -- we have discussed two tax preferences so far which are intangible drilling costs and percentage to live -- depletion and these are industries specific. they are only available to the oil and gas industry. the argument being made here is that they are similar to other tax preferences that exist in the tax code. that our = availabl to other industries outside of oil and gas. host: are the proposals on capitol hill to just target the major industries as opposed to these independent producers? guest: the president is targeting of the entire industry. certain pieces of legislation, notably from senator
this is a report from environment energy news -- talk about the push back. guest: it is interesting that comes from this group. we were talking earlier about the impact -- host: between the majors and the independents? guest: exactly at would be the smaller companies that would feel the brunt of this if the tax code was adjusted. they put all drill that maxwell and there is fewer dollars, there will be less wells that were drilled. another argument they bring up -- we have discussed two tax...
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Apr 21, 2013
04/13
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. $4.5 billion and will be spent a day to operate in that environment. when in fact you cannot go on the street with the exception of the package delivery, which will be done with dynamic routing, with a lower-cost employee, whether in the rural craft or city craft and allow us to provide that service at a lower cost. that is all money that can come out of the system. if calculated in what we think is the revenue loss, and we have talked to customers to validate that. we are terms of that. that we clear something up. people say it is only $2 billion out of $20 billion. if we had it this year we would break even. this year we will lose $1.7 billion on the operating line. as revenue, costs, with the exception of a worker's comp costs and prefunding. we would make money if we made the six to five move at the beginning of this year. what happens with a $20 billion of that gap exists when you do nothing over a five-year period, and with inflation that continues to grow. when people say it is only 10% of the cost differential, it is not, it would make up the e
. $4.5 billion and will be spent a day to operate in that environment. when in fact you cannot go on the street with the exception of the package delivery, which will be done with dynamic routing, with a lower-cost employee, whether in the rural craft or city craft and allow us to provide that service at a lower cost. that is all money that can come out of the system. if calculated in what we think is the revenue loss, and we have talked to customers to validate that. we are terms of that. that...
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Apr 22, 2013
04/13
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we are emitting less carbon pollution in the environment than we have in the past 20 years, we understand we have to do better and it is why we have to invest in more biofuels, fuel-efficient vehicles, more solar power, wind power, and more people going back to work building cars, homes and businesses that are more energy efficient. that is why i propose new job creating investments in science and innovation, and all of these young people, as young as they are, they will all go to college, and a lot of them will want to pursue their research and their dreams. if there is not a research grant pipeline in place, many of them will not have the resources to invent and discover the things that will make us healthier and more energy efficient and improve the quality of our lives. so, this is not the time to gut investments to keep our businesses -- that keep our businesses on the cutting edge, keep the economy humming and improve the quality of lives. this is a time to reach the research and development that we have not seen since the height of the space race. [applause] that is what we should
we are emitting less carbon pollution in the environment than we have in the past 20 years, we understand we have to do better and it is why we have to invest in more biofuels, fuel-efficient vehicles, more solar power, wind power, and more people going back to work building cars, homes and businesses that are more energy efficient. that is why i propose new job creating investments in science and innovation, and all of these young people, as young as they are, they will all go to college, and...